According to presidential envoy in the Far Eastern Federal District, common criteria for the support of all investors is being developed

Presidential envoy in the Far Eastern Federal District Yuri Trutnev

MOSCOW, December 26. /ITAR-TASS/. In five years, the economy of the Russian Far East should be growing by seven percent on the average per year, Russia's Deputy Prime Minister, presidential envoy in the Far Eastern Federal District Yuri Trutnev said in an interview published by the Komsomolskaya Pravda newspaper.

“We set ourselves the task to attain the regional economy growth by an average seven percent per year,” Trutnev said, noting that “of course, such growth cannot be kept at the same level throughout the Far East.”

Referring to plans to develop the region in the near future, the deputy prime minister said that over the next three months it was planned to “form the main development institutions — that is, the structures that will be engaged in attracting investors, development of the territories and human capital.” “At the same time we will hold a meeting on clusters. Also, it is necessary to start the work on the first concrete projects. The more so that on January 1, 2014, all tax cuts, promised by the president, will come into force,” Trutnev said.

In addition, he said, “it is necessary to create the conditions in which to work in the Far East would be more advantageous than in the neighboring regions.” To this end, “we are now developing common criteria for the support of all investors,” the deputy prime minister said.